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Marka Yatirim Holding AS (IST:MARKA) Current Ratio : 3.11 (As of Jun. 2017)


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What is Marka Yatirim Holding AS Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Marka Yatirim Holding AS's current ratio for the quarter that ended in Jun. 2017 was 3.11.

Marka Yatirim Holding AS has a current ratio of 3.11. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Marka Yatirim Holding AS's Current Ratio or its related term are showing as below:

IST:MARKA's Current Ratio is not ranked *
in the Asset Management industry.
Industry Median: 2.98
* Ranked among companies with meaningful Current Ratio only.

Marka Yatirim Holding AS Current Ratio Historical Data

The historical data trend for Marka Yatirim Holding AS's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Marka Yatirim Holding AS Current Ratio Chart

Marka Yatirim Holding AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec14 Dec15 Dec16 Dec17
Current Ratio
Get a 7-Day Free Trial Premium Member Only 5.22 1.09 0.20 3.67 1.15

Marka Yatirim Holding AS Quarterly Data
Dec09 Mar10 Dec10 Mar11 Sep11 Dec11 Sep12 Dec12 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.81 3.67 3.77 3.11 1.15

Competitive Comparison of Marka Yatirim Holding AS's Current Ratio

For the Asset Management subindustry, Marka Yatirim Holding AS's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Marka Yatirim Holding AS's Current Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Marka Yatirim Holding AS's Current Ratio distribution charts can be found below:

* The bar in red indicates where Marka Yatirim Holding AS's Current Ratio falls into.



Marka Yatirim Holding AS Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Marka Yatirim Holding AS's Current Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Current Ratio (A: Dec. 2017 )=Total Current Assets (A: Dec. 2017 )/Total Current Liabilities (A: Dec. 2017 )
=85.334/74.312
=1.15

Marka Yatirim Holding AS's Current Ratio for the quarter that ended in Jun. 2017 is calculated as

Current Ratio (Q: Jun. 2017 )=Total Current Assets (Q: Jun. 2017 )/Total Current Liabilities (Q: Jun. 2017 )
=27.07/8.715
=3.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Marka Yatirim Holding AS  (IST:MARKA) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Marka Yatirim Holding AS Current Ratio Related Terms

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Marka Yatirim Holding AS (IST:MARKA) Business Description

Traded in Other Exchanges
N/A
Address
No. 211/64, Abide-i Hürriyet cad, Bolkan center A-B-C Bloklar, istanbul, TUR
Marka Yatirim Holding AS is an investment company. It invests & manages portfolio of capital market instruments traded on the domestic & international stock exchanges, gold and other precious metals.

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